2340 Shelby Street, Indianapolis, IN 46203
- $210,000
- $225,000
- $210,000
- $225,000
Description
Endless potential awaits with this MU-2 zoned property, ideally located just off Shelby Street. This high-visibility site benefits from strong drive-by traffic and is just minutes from Fountain Square and steps from Garfield Park. Included in the sale are two parcels, one a paved lot, and the other an improved building offering a total of 3,370 square feet. The property offers flexibility for a variety of uses: it could be reconfigured into three smaller residential units, used as a commercial office, or serve as a live/work space for a cafe owner, attorney, or small real estate brokerage looking to build equity while operating on-site. The basement also provides potential for a laundry room or additional storage. With its versatile zoning, strong location, and solid structure, this property presents a unique opportunity for redevelopment or creative business use in one of Indianapolis’s most active corridors.
Address
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Address: 2340 Shelby Street
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City: Indianapolis
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State/county: IN
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Zip/Postal Code: 46203
Details
Updated on March 13, 2026 at 9:19 pm-
Property ID 22053499
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Price $210,000
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Property Size 3370 Sqft
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Land Area 0.11 Acres
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Garage Size x x
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Year Built 1927
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Property Type Mixed Use, Commercial Sale
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Property Status Active
Additional details
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Utilities Electricity Connected
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County Marion
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Property Type Commercial Sale
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Parking Asphalt
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